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Wednesday, 17 January 2018

STOCK CASH CALL FOR 18 JAN 2018

BUY PKTEA ABOVE 625 TGT 650/670 SL 595

Sensex jumped 310.77
points or 0.89 per cent to 35,081.82, breaking its previous record of 34,843.51
reached on January 15. Intra-day, it climbed to 35,118.61, bettering its
previous intra-day high of 34,963.69 reached on January 15.Similarly, the
50-share NSE index Nifty rose 88.1 points or 0.82 per cent to 10,788.55,
breaking its previous record of 10,741.55 hit on January 15. It also touched an
intra-day record of 10,803, surpassing its previous high of 10,782.65 hit on
January 15.Pennar
Industries Ltd fell 3.07% to Rs66.25.Om Metals Infraprojects Ltd up 2.65% at
Rs69.75.Gravita India Ltd
Shares gained 1.03% to Rs181.Ipca
Laboratories Ltd rose 2.4% to Rs587.Hatsun Agro Product Ltd fell 3% to
Rs855.45 Multi Commodity Exchange of India fell 3.5% to Rs865.

GLOBAL MARKET:

Asian stocks stepped
back from a record high on Wednesday as the region's resource shares were dented
by falling oil and commodity prices while digital currencies tumbled on worries
about tighter regulations. MSCI's broadest index of
Asia-Pacific shares outside Japan dropped 0.1 per cent from its record high as
resource shares declined after oil and other commodities succumbed to
profit-taking after recent gains. Japan's Nikkei fell 0.7 per cent from its
26-year peak hit the previous day.